This week, Everything.inc, the next evolution of the SMARDEX (SDEX) ecosystem, completed its exclusive community $EV presale, marking the first major onchain milestone in its protocol migration. The round was open only to existing SDEX holders — and it sold out within minutes.
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The community presale raised $1.2 million at a $30 million valuation, while simultaneously removing a meaningful portion of legacy SDEX supply from circulation through a burn-to-invest mechanism. In total, 72 million SDEX tokens were permanently burned, directly tying participation in the new ecosystem to long-term supply reduction.
At the same time, the protocol confirmed that 69% of total $EV supply is locked and staked for 12 months, reinforcing a long-term participation model during the early stages of the migration.
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In addition to the main presale, Everything.inc quietly executed a second, unannounced community-only allocation, raising an additional $450,000 for 1.5% of total supply. The round was intentionally not shared publicly on X, ensuring priority access for existing SDEX holders — and it sold out in under 10 minutes.
Presale Snapshot
Total raised: $1.2M (sold out in ~3 minutes)
Additional community allocation: $450K
Presale allocation: 4% of total supply
SDEX burned: 72,000,000 tokens
Presale valuation: $30M
Confirmed listing valuation: $150M market cap
According to Jean Rausis, the structure was intentional.
“By burning 72 million SDEX, the community didn’t just invest — it actively reduced supply to power the new EV economy and align incentives for the transition ahead.”
Jean RausisFrom SMARDEX to Everything
From SMARDEX to Everything: A Unified DeFi Protocol
Everything.inc is being built as a unified DeFi protocol, consolidating spot swaps, lending, borrowing, and leveraged trading into a single smart contract system. Instead of fragmented liquidity across multiple protocols, Everything introduces a shared liquidity model, where one pool supports multiple financial functions.
The result is higher capital efficiency for users and liquidity providers — and fewer moving parts.
The protocol also removes dependence on external price feeds through an oracle-less design, using internal mathematical correlations between assets. This approach reduces common attack vectors associated with oracle manipulation while introducing deterministic liquidation mechanics designed to improve system resilience.
In short: fewer dependencies, tighter execution, and more predictable risk.
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What Comes Next
With the community presale complete, Everything.inc is moving into its next rollout phase. A limited pre-market phase is expected to follow, allowing users to:
Trade spot assets
Lend and borrow
Open leveraged long and short positions
—all within the Everything protocol itself.
Vesting for presale allocations is scheduled to begin at the token generation event in May, with gradual unlocks over an extended period to limit early supply pressure and encourage long-term alignment.
